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After Another 'High Octane' Week, Goldman's Pasquariello Offers One Seminal Lesson From The Late '90s
"In most every single client meeting... the question of how the tape will absorb a series of mega IPOs comes up..."
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zerohedge.com
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After Another 'High Octane' Week, Goldman's Pasquariello Offers One Seminal Lesson From The Late '90s
"In most every single client meeting... the question of how the tape will absorb a series of mega IPOs comes up..."
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Goldman's Pasquariello Sees "Cause For Some Momentum Sobriety"
...when big momentum rallies coincide with the broader market making higher highs, there is a pattern of weaker S&P returns...